Berkshire Places Bigger Bets on IBM, Wells Fargo
Warren Buffett’s Berkshire Hathaway added no new holdings in the first quarter and, instead, committed more money to existing holdings.
Wide-moat
While no new stocks were added to the portfolio during the period, Wells Fargo was the recipient of more than $350 million of additional capital. Berkshire also added to existing stakes in
While Buffett and his two lieutenants--Todd Combs and Ted Weschler--are well known for their stock-picking skills, the equity investment portfolio at Berkshire has become less important over time as the company has shifted toward buying whole businesses, like its recent deal to exchange its
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